Wisconsin · Through 2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)

Wis. Stat. § 701.0804: Prudent administration.

Where this section sits in the code

Chs. 700-711, Property
Chapter 701 Trusts
SUBCHAPTER VIII DUTIES AND POWERS OF TRUSTEES,DIRECTING PARTIES, AND TRUST PROTECTORS

A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distributional requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution.

Collected 2026-09-05T12:01:34Z. Source file · JSON

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